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					Microsoft Financial Data - FY13 Q4
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Current Financial Statements                  Trended Historical Financial Statements
Income Statements                             Quarterly Income Statements
Comprehensive Income Statements               Segment History
Balance Sheets                                Unearned Revenue
Cash Flows                                    Yearly Income Statements
Segment Revenue & Operating Income
MICROSOFT CORPORATION

                                INCOME STATEMENTS
                      (In millions, except per share amounts)

                                   Three Months Ended Twelve Months Ended
                                              June 30,             June 30,
                                        2013     2012       2013     2012
Revenue                            $ 19,896 $ 18,059 $   77,849 $ 73,723
Cost of revenue                       5,602     4,163    20,249    17,530
  Gross profit                       14,294    13,896    57,600    56,193
Operating expenses:
  Research and development              2,783      2,594         10,411      9,811
  Sales and marketing                   4,228      3,781         15,276     13,857
  General and administrative            1,210      1,136          5,149      4,569
  Goodwill impairment                       0      6,193              0      6,193
     Total operating expenses           8,221     13,704         30,836     34,430
Operating income                        6,073        192         26,764     21,763
Other income                               72        167            288        504
Income before income taxes              6,145        359         27,052     22,267
Provision for income taxes              1,180        851          5,189      5,289
Net income (loss)                  $    4,965   $   (492)    $   21,863   $ 16,978

Earnings (loss) per share:
  Basic                           $      0.59   $   (0.06)   $     2.61   $    2.02
  Diluted                         $      0.59   $   (0.06)   $     2.58   $    2.00
Weighted average shares outstanding:
  Basic                                 8,345       8,388         8,375       8,396
  Diluted                               8,442       8,388         8,470       8,506
Cash dividends declared per
common share                      $      0.23   $    0.20    $     0.92   $    0.80
MICROSOFT CORPORATION

                     COMPREHENSIVE INCOME STATEMENTS
                                (In millions)

                                   Three Months Ended Twelve Months Ended
                                               June 30,            June 30,
                                        2013     2012       2013     2012
Net income (loss)                  $   4,965 $   (492) $ 21,863 $ 16,978
Other comprehensive income (loss):
   Net unrealized gains (losses) on
derivatives (net of tax effects
of $(4), $34, $(14),
and $137)                                  (7)        63           (26)       255
   Net unrealized gains (losses) on
investments (net of tax
effects of $(206), $87,
$195, and $(210))                       (381)        161           363        (390)
   Translation adjustments and
other (net of tax effects
of $(40), $(72), $(8),
and $(165))                               (74)       (134)         (16)       (306)
     Other comprehensive income
(loss)                                   (462)         90           321       (441)
Comprehensive income (loss)         $   4,503    $   (402)   $   22,184   $ 16,537
MICROSOFT CORPORATION

                                   BALANCE SHEETS
                                     (In millions)

                                                           June 30,       June 30,
                                                              2013           2012
Assets
Current assets:
  Cash and cash equivalents                            $     3,804    $     6,938
  Short-term investments (including securities
loaned of $579 and $785)                                    73,218         56,102
    Total cash, cash equivalents, and short-term
investments                                                 77,022         63,040
  Accounts receivable, net of allowance for doubtful
accounts of $336 and $389                                   17,486         15,780
  Inventories                                                1,938          1,137
  Deferred income taxes                                      1,632          2,035
  Other                                                      3,388          3,092
    Total current assets                                   101,466         85,084
Property and equipment, net of accumulated
depreciation of $12,513 and $10,962                          9,991          8,269
Equity and other investments                                10,844          9,776
Goodwill                                                    14,655         13,452
Intangible assets, net                                       3,083          3,170
Other long-term assets                                       2,392          1,520
         Total assets                                  $   142,431    $   121,271

Liabilities and stockholders' equity
Current liabilities:
 Accounts payable                                      $     4,828    $     4,175
 Current portion of long-term debt                           2,999          1,231
 Accrued compensation                                        4,117          3,875
 Income taxes                                                  592            789
 Short-term unearned revenue                                20,639         18,653
 Securities lending payable                                    645            814
 Other                                                       3,597          3,151
   Total current liabilities                                37,417         32,688
Long-term debt                                              12,601         10,713
Long-term unearned revenue                                   1,760          1,406
Deferred income taxes                                        1,709          1,893
Other long-term liabilities                                 10,000          8,208
   Total liabilities                                        63,487         54,908
Commitments and contingencies
Stockholders' equity:
 Common stock and paid-in capital - shares
authorized 24,000; outstanding 8,328 and 8,381              67,306         65,797
 Retained earnings (deficit)                                 9,895           (856)
Accumulated other comprehensive income                  1,743         1,422
 Total stockholders' equity                           78,944        66,363
     Total liabilities and stockholders' equity   $   142,431   $   121,271
MICROSOFT CORPORATION

                          CASH FLOW STATEMENTS
                                (In millions)

                                 Three Months Ended Twelve Months Ended
                                            June 30,             June 30,
                                       2013      2012           2013        2012
Operations
Net income (loss)                  $   4,965 $   (492)   $   21,863     $ 16,978
Adjustments to reconcile net
income (loss) to net cash from
operations:
   Goodwill impairment                     0    6,193              0       6,193
   Depreciation, amortization, and
other                                    983      797         3,755        2,967
   Stock-based compensation
expense                                  601      520         2,406        2,244
   Net recognized losses (gains)
on investments and
derivatives                               99     (126)           80         (200)
   Excess tax benefits from
stock-based compensation                 (17)      (9)         (209)         (93)
   Deferred income taxes                (423)     672           (19)        954
   Deferral of unearned revenue       15,621   14,279        44,253      36,104
   Recognition of unearned
revenue                              (11,069)  (9,354)       (41,921)    (33,347)
   Changes in operating assets
and liabilities:
     Accounts receivable              (5,666)  (5,007)        (1,807)     (1,156)
     Inventories                         187      263           (802)        184
     Other current assets                (33)    (445)          (129)        493
     Other long-term assets             (152)    (212)          (478)       (248)
     Accounts payable                    486      349            537         (31)
     Other current liabilities            27      517            146         410
     Other long-term liabilities         294     (268)         1,158         174
       Net cash from
operations                             5,903    7,677        28,833      31,626
Financing
Proceeds from issuance of debt         2,651        0          4,883           0
Repayments of debt                    (1,346)       0         (1,346)          0
Common stock issued                      166      278            931       1,913
Common stock repurchased              (1,042)  (1,030)        (5,360)     (5,029)
Common stock cash dividends paid      (1,921)  (1,678)        (7,455)     (6,385)
Excess tax benefits from
stock-based compensation                  17        9           209          93
Other                                      6        0            (10)          0
       Net cash used in financing     (1,469)  (2,421)        (8,148)     (9,408)
Investing
Additions to property and
equipment                                 (1,794)         (622)         (4,257)        (2,305)
Acquisition of companies, net of
cash acquired, and purchases of
intangible and other assets                  (20)         (526)         (1,584)       (10,112)
Purchases of investments                 (27,024)       (11,953)       (75,396)       (57,250)
Maturities of investments                   617           2,453          5,130         15,575
Sales of investments                     22,301           6,383         52,464         29,700
Securities lending payable                   81            (397)          (168)          (394)
        Net cash used in investing       (5,839)         (4,662)       (23,811)       (24,786)
Effect of exchange rates on cash
and cash equivalents                         (31)           (44)            (8)         (104)
Net change in cash and cash
equivalents                               (1,436)          550          (3,134)        (2,672)
Cash and cash equivalents,
beginning of period                       5,240          6,388          6,938          9,610
Cash and cash equivalents, end of
period                               $     3,804    $     6,938    $     3,804    $     6,938
MICROSOFT CORPORATION

              SEGMENT REVENUE AND OPERATING INCOME (LOSS)
                              (In millions)

                                       Three Months Ended Twelve Months Ended
                                                  June 30,             June 30,
                                           2013      2012      2013      2012
Revenue
Windows Division                   $     4,411    $   4,152     $   19,239    $ 18,400
Server and Tools                         5,502       5,050          20,281      18,534
Online Services Division                   804         735           3,201       2,867
Microsoft Business Division              7,213       6,324          24,724      24,111
Entertainment and Devices Division       1,915       1,781          10,165       9,599
Unallocated and other                       51          17             239         212
 Consolidated                      $    19,896    $ 18,059      $   77,849    $ 73,723

Operating income (loss)
Windows Division                   $     1,099    $    2,422    $    9,504    $ 11,555
Server and Tools                         2,325         2,040         8,164       7,235
Online Services Division                  (372)       (6,672)       (1,281)     (8,125)
Microsoft Business Division              4,873       4,128          16,194      15,832
Entertainment and Devices Division        (110)       (252)            848         380
Corporate-level activity                (1,742)     (1,474)         (6,665)     (5,114)
 Consolidated                      $     6,073    $    192      $   26,764    $ 21,763
Microsoft Corporation                                           Back to Main
Quarterly Income Statements
(In millions, except earnings per share)

                                                                    Q3-931     Q4-931    Q1-941    Q2-941    Q3-941    Q4-941    Q1-951
Revenue                                                         $     969 $    1,048 $     996 $   1,146 $   1,261 $   1,311 $   1,270
Cost of revenue                                                       202        224       228       260       284       305       284
    Gross profit                                                      767        824       768       886       977     1,006       986
Operating expenses:
    Research and development 4                                        116        138       134       150       156       170       178
    Sales and marketing                                               283        278       256       279       300       300       320
    General and administrative 5                                       30         35        35        42        41        48        51
    Goodwill impairment                                                 0          0         0         0         0         0         0
    Other expenses (income)                                             2          6         4         2         4         6         2
        Total operating expenses                                      431        457       429       473       501       524       551
Operating income                                                      336        367       339       413       476       482       435
Other income (expense)                                                 21         23        23        25        26        28        36
Noncontinuing items                                                     0          0         0         0      (120)       30         0
Income before income taxes                                            357        390       362       438       382       540       471
Provision for income taxes                                            114        125       123       149       126       178       155
Income (loss) before accounting change                                243        265       239       289       256       362       316
Cumulative effect of accounting change                                  0          0         0         0         0         0         0
Net income (loss)                                               $     243 $      265 $     239 $     289 $     256 $     362 $     316
Preferred stock dividends                                               0          0         0         0         0         0         0
Net income (loss) available for common shareholders             $     243 $      265 $     239 $     289 $     256 $     362 $     316
Basic earnings (loss) per share before accounting change        $    0.03 $     0.03 $    0.03 $    0.03 $    0.03 $    0.04 $    0.03
Diluted earnings (loss) per share before accounting change      $    0.02 $     0.03 $    0.02 $    0.03 $    0.03 $    0.04 $    0.03
Basic earnings (loss) per share                                 $    0.03 $     0.03 $    0.03 $    0.03 $    0.03 $    0.04 $    0.03
Diluted earnings (loss) per share                               $    0.02 $     0.03 $    0.02 $    0.03 $    0.03 $    0.04 $    0.03

  1
    Not restated for adoption of the current accounting guidance on stock-based compensation and no recast of gains (losses) on foreign currency remeasur
  2
    Recast of gains (losses) on foreign currency remeasurement
  3
    No recast of gains (losses) on foreign currency remeasurement
  4
    Includes expensed acquired in-process technology
  5
    Includes employee severance
              Q2-951    Q3-951    Q4-951     Q1-961    Q2-961    Q3-961    Q4-961    Q1-971    Q2-971    Q3-971    Q4-971    Q1-981    Q2-981    Q3-981
          $   1,516 $   1,627 $   1,662 $    2,085 $   2,287 $   2,311 $   2,367 $   2,405 $   2,808 $   3,365 $   3,358 $   3,334 $   3,792 $   3,984
                331       355       376        522       566       541       516       482       558       583       547       534       613       640
              1,185     1,272     1,286      1,563     1,721     1,770     1,851     1,923     2,250     2,782     2,811     2,800     3,179     3,344

                199       219       264        278       305       337       406       417       449       474       523       899       648       611
                404       436       404        514       554       572       545       518       639       639       615       692       764       731
                 62        68        86         63        76        87        90        86        81       101        94        95       106       104
                  0         0         0          0         0         0         0         0         0         0         0         0         0         0
                  5         5         4          4       (23)       (4)       42        49        46        84        80         0         0         0
                670       728       758        859       912       992     1,083     1,070     1,215     1,298     1,312     1,686     1,518     1,446
                515       544       528        704       809       778       768       853     1,035     1,484     1,499     1,114     1,661     1,898
                 42        48        65         66        76        86        92        92       105       119       127        88       109       159
                  0         0       (46)         0         0         0         0         0         0         0         0         0         0         0
                557       592       547        770       885       864       860       945     1,140     1,603     1,626     1,202     1,770     2,057
                184       196       179        271       310       302       301       331       399       561       569       539       637       720
                373       396       368        499       575       562       559       614       741     1,042     1,057       663     1,133     1,337
                  0         0         0          0         0         0         0         0         0         0         0         0         0         0
          $     373 $     396 $     368 $      499 $     575 $     562 $     559 $     614 $     741 $   1,042 $   1,057 $     663 $   1,133 $   1,337
                  0         0         0          0         0         0         0         0        (1)       (7)       (7)       (7)       (7)       (7)
          $     373 $     396 $     368 $      499 $     575 $     562 $     559 $     614 $     740 $   1,035 $   1,050 $     656 $   1,126 $   1,330
          $    0.04 $    0.04 $     0.04 $    0.05 $    0.06 $    0.06 $    0.06 $    0.06 $    0.08 $    0.11 $    0.11 $    0.07 $    0.12 $    0.14
          $    0.04 $    0.04 $     0.04 $    0.05 $    0.06 $    0.05 $    0.05 $    0.06 $    0.07 $    0.10 $    0.10 $    0.06 $    0.11 $    0.12
          $    0.04 $    0.04 $     0.04 $    0.05 $    0.06 $    0.06 $    0.06 $    0.06 $    0.08 $    0.11 $    0.11 $    0.07 $    0.12 $    0.14
          $    0.04 $    0.04 $     0.04 $    0.05 $    0.06 $    0.05 $    0.05 $    0.06 $    0.07 $    0.10 $    0.10 $    0.06 $    0.11 $    0.12

on foreign currency remeasurement
    Q4-981    Q1-991    Q2-991    Q3-991    Q4-991    Q1-001    Q2-001    Q3-001    Q4-001    Q1-011    Q2-011    Q3-011    Q4-011    Q1-023
$   4,152 $   4,193 $   5,195 $   4,595 $   5,764 $   5,384 $   6,112 $   5,656 $   5,804 $   5,766 $   6,550 $   6,403 $   6,577 $   6,126
      673       649       788       708       669       712       756       752       782       825       864       899       867       978
    3,479     3,544     4,407     3,887     5,095     4,672     5,356     4,904     5,022     4,941     5,686     5,504     5,710     5,148

      739       651       715       664       940       813       898       974     1,087       956       990     1,069     1,364     1,398
      700       685       798       842       913       922     1,013     1,010     1,181     1,038     1,290     1,198     1,359     1,457
      128       101       154       152       308       148       514       185       203       170       212       239       236       286
        0         0         0         0         0         0         0         0         0         0         0         0        0        0
        0         0         0         0         0         0         0         0         0         0         0         0        0        0
    1,567     1,437     1,667     1,658     2,161     1,883     2,425     2,169     2,471     2,164     2,492     2,506    2,959    3,141
    1,912     2,107     2,740     2,229     2,934     2,789     2,931     2,735     2,551     2,777     3,194     2,998    2,751    2,007
      176       396       311       720       454       531       760       878     1,100     1,075       723       660   (2,653)  (1,010)
        0         0         0         0         0         0         0         0         0         0         0         0        0        0
    2,088     2,503     3,051     2,949     3,388     3,320     3,691     3,613     3,651     3,852     3,917     3,658       98      997
      731       820     1,068     1,032     1,186     1,129     1,255     1,228     1,242     1,271     1,293     1,207       33      319
    1,357     1,683     1,983     1,917     2,202     2,191     2,436     2,385     2,409     2,581     2,624     2,451       65      678
        0         0         0         0         0         0         0         0         0      (375)        0         0        0        0
$   1,357 $   1,683 $   1,983 $   1,917 $   2,202 $   2,191 $   2,436 $   2,385 $   2,409 $   2,206 $   2,624 $   2,451 $     65 $    678
       (7)       (7)       (7)       (7)       (7)       (7)       (6)        0         0         0         0         0        0        0
$   1,350 $   1,676 $   1,976 $   1,910 $   2,195 $   2,184 $   2,430 $   2,385 $   2,409 $   2,206 $   2,624 $   2,451 $     65 $    678
$    0.14 $    0.17 $    0.20 $    0.19 $    0.22 $    0.21 $    0.24 $    0.23 $    0.23 $    0.24 $    0.25 $    0.23 $    0.01 $    0.06
$    0.13 $    0.15 $    0.18 $    0.17 $    0.20 $    0.20 $    0.22 $    0.22 $    0.22 $    0.23 $    0.24 $    0.22 $    0.01 $    0.06
$    0.14 $    0.17 $    0.20 $    0.19 $    0.22 $    0.21 $    0.24 $    0.23 $    0.23 $    0.21 $    0.25 $    0.23 $    0.01 $    0.06
$    0.13 $    0.15 $    0.18 $    0.17 $    0.20 $    0.20 $    0.22 $    0.22 $    0.22 $    0.20 $    0.24 $    0.22 $    0.01 $    0.06
    Q2-023    Q3-023    Q4-023    Q1-033    Q2-033    Q3-033    Q4-033    Q1-043    Q2-043    Q3-043    Q4-043    Q1-053    Q2-053    Q3-053
$   7,741 $   7,245 $   7,253 $   7,746 $   8,541 $   7,835 $   8,065 $   8,215 $ 10,153 $    9,175 $   9,292 $   9,189 $ 10,818 $    9,620
    1,691     1,567     1,463     1,344     2,137     1,274     1,304     1,480    2,344      1,411     1,481     1,405    1,875      1,363
    6,050     5,678     5,790     6,402     6,404     6,561     6,761     6,735    7,809      7,764     7,811     7,784    8,943      8,257

    1,595     1,474     1,832     1,707     1,515     1,692     1,681     1,611     2,971     1,538     1,659     1,530     1,421     1,482
    1,676     1,449     1,670     1,415     2,159     1,700     2,288     1,505     2,467     1,928     2,409     1,664     2,122     2,070
      885       343       329       252       497       425     1,252       471       896     3,020       610     1,096       651     1,376
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
    4,156     3,266     3,831     3,374     4,171     3,817     5,221     3,587     6,334     6,486     4,678     4,290     4,194     4,928
    1,894     2,412     1,959     3,028     2,233     2,744     1,540     3,148     1,475     1,278     3,133     3,494     4,749     3,329
      516       728      (631)       19       363       453       674       753       837     1,001       571       279       420       496
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
    2,410     3,140     1,328     3,047     2,596     3,197     2,214     3,901     2,312     2,279     3,704     3,773     5,169     3,825
      771     1,005       425     1,006       731     1,055       731     1,287       763       964     1,014     1,245     1,706     1,262
    1,639     2,135       903     2,041     1,865     2,142     1,483     2,614     1,549     1,315     2,690     2,528     3,463     2,563
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
$   1,639 $   2,135 $     903 $   2,041 $   1,865 $   2,142 $   1,483 $   2,614 $   1,549 $   1,315 $   2,690 $   2,528 $   3,463 $   2,563
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
$   1,639 $   2,135 $     903 $   2,041 $   1,865 $   2,142 $   1,483 $   2,614 $   1,549 $   1,315 $   2,690 $   2,528 $   3,463 $   2,563
$    0.15 $    0.20 $    0.08 $    0.19 $    0.17 $    0.20 $    0.14 $    0.24 $    0.14 $    0.12 $    0.25 $    0.23 $    0.32 $    0.24
$    0.15 $    0.19 $    0.08 $    0.19 $    0.17 $    0.20 $    0.14 $    0.24 $    0.14 $    0.12 $    0.25 $    0.23 $    0.32 $    0.23
$    0.15 $    0.20 $    0.08 $    0.19 $    0.17 $    0.20 $    0.14 $    0.24 $    0.14 $    0.12 $    0.25 $    0.23 $    0.32 $    0.24
$    0.15 $    0.19 $    0.08 $    0.19 $    0.17 $    0.20 $    0.14 $    0.24 $    0.14 $    0.12 $    0.25 $    0.23 $    0.32 $    0.23
    Q4-053    Q1-063    Q2-063    Q3-063    Q4-063    Q1-072    Q2-072    Q3-072    Q4-072    Q1-082    Q2-082    Q3-082    Q4-082    Q1-09
$ 10,161 $    9,741 $ 11,837 $ 10,900 $ 11,804 $ 10,811 $ 12,542 $ 14,398 $ 13,371 $ 13,762 $ 16,367 $ 14,454 $ 15,837 $ 15,061
   1,388      1,253    2,239    2,028    2,130    1,696    3,620    2,140    3,237    2,675    3,543    2,514    2,866    2,848
   8,773      8,488    9,598    8,872    9,674    9,115    8,922   12,258   10,134   11,087   12,824   11,940   12,971   12,213

    1,664     1,515     1,591     1,617     1,861     1,786     1,637     1,750     1,948     1,837     1,885     2,035     2,407     2,283
    2,707     1,945     2,689     2,362     2,822     2,234     3,038     2,914     3,355     2,683     3,420     3,274     3,883     3,044
    1,413       982       661     1,005     1,110       664       814       983       868       718     1,066     2,341     1,002       887
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
    5,784     4,442     4,941     4,984     5,793     4,684     5,489     5,647     6,171     5,238     6,371     7,650     7,292     6,214
    2,989     4,046     4,657     3,888     3,881     4,431     3,433     6,611     3,963     5,849     6,453     4,290     5,679     5,999
      872       506       480       427       377       610       372       360       321       367       367       520       289        (8)
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
    3,861     4,552     5,137     4,315     4,258     5,041     3,805     6,971     4,284     6,216     6,820     4,810     5,968     5,991
      161     1,411     1,484     1,338     1,430     1,563     1,179     2,045     1,249     1,927     2,113       422     1,671     1,618
    3,700     3,141     3,653     2,977     2,828     3,478     2,626     4,926     3,035     4,289     4,707     4,388     4,297     4,373
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
$   3,700 $   3,141 $   3,653 $   2,977 $   2,828 $   3,478 $   2,626 $   4,926 $   3,035 $   4,289 $   4,707 $   4,388 $   4,297 $   4,373
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
$   3,700 $   3,141 $   3,653 $   2,977 $   2,828 $   3,478 $   2,626 $   4,926 $   3,035 $   4,289 $   4,707 $   4,388 $   4,297 $   4,373
$    0.34 $    0.29 $    0.35 $    0.29 $    0.28 $    0.35 $    0.27 $    0.51 $    0.32 $    0.46 $    0.50 $    0.47 $    0.46 $    0.48
$    0.34 $    0.29 $    0.34 $    0.29 $    0.28 $    0.35 $    0.26 $    0.50 $    0.31 $    0.45 $    0.50 $    0.47 $    0.46 $    0.48
$    0.34 $    0.29 $    0.35 $    0.29 $    0.28 $    0.35 $    0.27 $    0.51 $    0.32 $    0.46 $    0.50 $    0.47 $    0.46 $    0.48
$    0.34 $    0.29 $    0.34 $    0.29 $    0.28 $    0.35 $    0.26 $    0.50 $    0.31 $    0.45 $    0.50 $    0.47 $    0.46 $    0.48
    Q2-09     Q3-09     Q4-09     Q1-10     Q2-10     Q3-10     Q4-10     Q1-11     Q2-11     Q3-11     Q4-11     Q1-12     Q2-12     Q3-12
$ 16,629 $ 13,648 $ 13,099 $ 12,920 $ 19,022 $ 14,503 $ 16,039 $ 16,195 $ 19,953 $ 16,428 $ 17,367 $ 17,372 $ 20,885 $ 17,407
   3,907    2,814    2,586    2,842    3,628    2,755    3,170    3,139    4,833    3,897    3,708    3,777    5,638    3,952
  12,722   10,834   10,513   10,078   15,394   11,748   12,869   13,056   15,120   12,531   13,659   13,595   15,247   13,455

    2,290     2,212     2,225     2,065     2,079     2,220     2,350     2,196     2,185     2,269     2,393     2,329     2,371     2,517
    3,662     2,981     3,192     2,790     3,619     3,203     3,602     2,806     3,825     3,393     3,916     2,900     3,762     3,414
      831     1,203     1,109       741     1,183     1,152       987       938       945     1,160     1,179     1,163     1,120     1,150
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
    6,783     6,396     6,526     5,596     6,881     6,575     6,939     5,940     6,955     6,822     7,488     6,392     7,253     7,081
    5,939     4,438     3,987     4,482     8,513     5,173     5,930     7,116     8,165     5,709     6,171     7,203     7,994     6,374
     (301)     (388)      155       283       370       168        94       114       332       316       148       103       245       (11)
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
    5,638     4,050     4,142     4,765     8,883     5,341     6,024     7,230     8,497     6,025     6,319     7,306     8,239     6,363
    1,464     1,073     1,097     1,191     2,221     1,335     1,506     1,820     1,863       793       445     1,568     1,615     1,255
    4,174     2,977     3,045     3,574     6,662     4,006     4,518     5,410     6,634     5,232     5,874     5,738     6,624     5,108
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
$   4,174 $   2,977 $   3,045 $   3,574 $   6,662 $   4,006 $   4,518 $   5,410 $   6,634 $   5,232 $   5,874 $   5,738 $   6,624 $   5,108
        0         0         0         0         0         0         0         0         0         0         0         0         0         0
$   4,174 $   2,977 $   3,045 $   3,574 $   6,662 $   4,006 $   4,518 $   5,410 $   6,634 $   5,232 $   5,874 $   5,738 $   6,624 $   5,108
$    0.47 $    0.33 $    0.34 $    0.40 $    0.75 $    0.46 $    0.52 $    0.63 $    0.78 $    0.62 $    0.70 $    0.68 $    0.79 $    0.61
$    0.47 $    0.33 $    0.34 $    0.40 $    0.74 $    0.45 $    0.51 $    0.62 $    0.77 $    0.61 $    0.69 $    0.68 $    0.78 $    0.60
$    0.47 $    0.33 $    0.34 $    0.40 $    0.75 $    0.46 $    0.52 $    0.63 $    0.78 $    0.62 $    0.70 $    0.68 $    0.79 $    0.61
$    0.47 $    0.33 $    0.34 $    0.40 $    0.74 $    0.45 $    0.51 $    0.62 $    0.77 $    0.61 $    0.69 $    0.68 $    0.78 $    0.60
    Q4-12      Q1-13      Q2-13      Q3-13      Q4-13
$ 18,059 $     16,008 $   21,456 $   20,489 $   19,896
   4,163        4,168      5,692      4,787      5,602
  13,896       11,840     15,764     15,702     14,294

    2,594       2,460      2,528      2,640      2,783
    3,781       2,945      4,309      3,794      4,228
    1,136       1,127      1,156      1,656      1,210
   6,193            0          0          0          0
       0            0          0          0          0
  13,704        6,532      7,993      8,090      8,221
     192        5,308      7,771      7,612      6,073
     167          226         (1)        (9)        72
       0            0          0          0          0
     359        5,534      7,770      7,603      6,145
     851        1,068      1,393      1,548      1,180
    (492)       4,466      6,377      6,055      4,965
       0            0          0          0          0
$   (492) $     4,466 $    6,377 $    6,055 $    4,965
       0            0          0          0          0
$   (492) $     4,466 $    6,377 $    6,055 $    4,965
$   (0.06) $     0.53 $     0.76 $     0.72 $     0.59
$   (0.06) $     0.53 $     0.76 $     0.72 $     0.59
$   (0.06) $     0.53 $     0.76 $     0.72 $     0.59
$   (0.06) $     0.53 $     0.76 $     0.72 $     0.59
Microsoft Corporation                                       Back to Main
Segment Revenue and Operating Income (Loss)
(In millions)

                                                                                       Fiscal Year
Revenue                                  Q1-12      Q2-12       Q3-12      Q4-12              2012
Windows Division                     $    4,874 $    4,741 $     4,633 $    4,152    $     18,400
Server and Tools                          4,216      4,737       4,531      5,050          18,534
Online Services Division                    641        784         707        735           2,867
Microsoft Business Division               5,635      6,310       5,842      6,324          24,111
Entertainment and Devices Division        1,962      4,238       1,618      1,781           9,599
Unallocated and other                        44         75          76         17             212
 Consolidated                        $   17,372 $   20,885 $    17,407 $   18,059    $     73,723



                                                                                       Fiscal Year
Operating Income (Loss)                  Q1-12      Q2-12       Q3-12      Q4-12              2012
Windows Division                     $    3,277 $    2,877 $     2,979 $    2,422    $     11,555
Server and Tools                          1,556      1,953       1,686      2,040           7,235
Online Services Division                   (514)      (459)       (480)    (6,672)         (8,125)
Microsoft Business Division               3,719      4,188       3,797      4,128          15,832
Entertainment and Devices Division          343        517        (228)      (252)            380
Corporate-level activity                 (1,178)    (1,082)     (1,380)    (1,474)         (5,114)
 Consolidated                        $    7,203 $    7,994 $     6,374 $      192    $     21,763
                                        Fiscal Year
     Q1-13    Q2-13    Q3-13    Q4-13          2013
$    3,244 $ 5,881 $ 5,703 $ 4,411 $        19,239
     4,553    5,187    5,039    5,502       20,281
       697      868      832      804        3,201
     5,501    5,691    6,319    7,213       24,724
     1,947    3,772    2,531    1,915       10,165
        66       57       65       51          239
$   16,008 $ 21,456 $ 20,489 $ 19,896 $     77,849



                                     Fiscal Year
    Q1-13    Q2-13     Q3-13    Q4-13       2013
$    1,651 $ 3,295 $ 3,459 $ 1,099 $      9,504
     1,739    2,121   1,979   2,325       8,164
      (364)    (283)   (262)   (372)     (1,281)
     3,650    3,567   4,104   4,873      16,194
        21      595     342    (110)        848
    (1,389)  (1,524) (2,010) (1,742)     (6,665)
$    5,308 $ 7,771 $ 7,612 $ 6,073 $     26,764
Microsoft Corporation                 Back to Main
Unearned Revenue

                                           Q3-07        Q4-07       Q1-08       Q2-08        Q3-08

Unearned Revenue ($ in millions)
Windows Division                 $         2,684 $      2,875 $     2,673 $      2,620 $     2,524
Server and Tools                           2,825        3,652       3,449        3,746       3,890
Microsoft Business Division                4,341        5,771       5,080        5,359       5,253
Other                                        433          348         370          453         472
Total                            $        10,283 $     12,646 $    11,572 $     12,178 $    12,139


Unearned Revenue (in %)
Windows Division                             26%         23%          23%         22%          21%
Server and Tools                             28%         29%          30%         31%          32%
Microsoft Business Division                  42%         45%          44%         43%          43%
Other                                         4%          3%           3%          4%           4%
Total                                       100%        100%         100%        100%         100%

 1
     FY '11 amounts have been recast for the FY '12 movement of Forefront Protection for Office from Server and Tools t
                 Q4-08       Q1-09        Q2-09        Q3-09       Q4-09      Q1-10      Q2-10      Q3-10



           $     2,738 $     2,402 $      2,178 $      2,015 $      2,345 $    3,638 $    1,736 $    1,498
                 5,007       4,424        4,303        4,104        4,732      4,424      4,227      4,242
                 7,101       6,204        6,077        5,593        6,508      5,920      5,680      5,657
                   451         447          508          600          699        786        885        863
           $    15,297 $    13,477 $     13,066 $     12,312 $     14,284 $   14,768 $   12,528 $   12,260



                  18%          18%          17%          16%         16%        25%        14%        12%
                  33%          33%          33%          33%         33%        30%        34%        35%
                  46%          46%          46%          46%         46%        40%        45%        46%
                   3%           3%           4%           5%          5%         5%         7%         7%
                 100%         100%         100%         100%        100%       100%       100%       100%


Office from Server and Tools to the Microsoft Business Division.
    Q4-10      Q1-111     Q2-111     Q3-111     Q4-111     Q1-12      Q2-12      Q3-12



$    1,701 $    1,570 $    1,467 $    1,370 $    1,782 $    1,628 $    1,525 $    1,453
     5,282      4,812      4,785      4,706      6,315      5,720      5,612      5,743
     7,004      6,748      6,324      6,013      8,187      7,428      7,085      6,694
       843        789        841        930        836        882      1,112      1,301
$   14,830 $   13,919 $   13,417 $   13,019 $   17,120 $   15,658 $   15,334 $   15,191



      11%        11%        11%        11%        10%        10%        10%        10%
      36%        35%        36%        36%        37%        37%        37%        38%
      47%        48%        47%        46%        48%        47%        46%        44%
       6%         6%         6%         7%         5%         6%         7%         8%
     100%       100%       100%       100%       100%       100%       100%       100%
    Q4-12      Q1-13      Q2-13      Q3-13     Q4-13



$    2,444 $    3,439 $    2,736 $    1,593 $ 2,086
     7,445      6,654      6,544      6,496    8,639
     9,015      8,266      8,904      8,404   10,142
     1,155      1,228      1,629      1,412    1,532
$   20,059 $   19,587 $   19,813 $   17,905 $ 22,399



      12%        18%        14%         9%       9%
      37%        34%        33%        36%      39%
      45%        42%        45%        47%      45%
       6%         6%         8%         8%       7%
     100%       100%       100%       100%     100%
Microsoft Corporation                                    Back to Main
Yearly Income Statements
(In millions, except earnings per share)

                                                              FY941     FY951      FY961      FY971
Revenue                                                   $   4,714 $   6,075 $    9,050 $ 11,936
Cost of revenue                                               1,077     1,346      2,145    2,170
    Gross profit                                              3,637     4,729      6,905    9,766
Operating expenses:
    Research and development 4                                 610        860      1,326      1,863
    Sales and marketing                                       1,135     1,564      2,185      2,411
    General and administrative 5                                166       267        316        362
    Goodwill impairment                                           0         0          0          0
    Other expenses                                               16        16         19        259
        Total operating expenses                              1,927     2,707      3,846      4,895
Operating income                                              1,710     2,022      3,059      4,871
Other income (expense)                                          102       191        320        443
Noncontinuing items                                             (90)      (46)         0          0
Income before income taxes                                    1,722     2,167      3,379      5,314
Provision for income taxes                                      576       714      1,184      1,860
Net income before accounting change                           1,146     1,453      2,195      3,454
Cumulative effect of accounting change                            0         0          0          0
Net income                                                    1,146     1,453      2,195      3,454
Preferred stock dividends                                         0         0          0        (15)
Net income available for common shareholders              $   1,146 $   1,453 $    2,195 $    3,439
Basic earnings per share before accounting change         $    0.13 $    0.16 $     0.23 $     0.36
Diluted earnings per share before accounting change       $    0.12 $    0.14 $     0.21 $     0.33
Basic earnings per share                                  $    0.13 $    0.16 $     0.23 $     0.36
Diluted earnings per share                                $    0.12 $    0.14 $     0.21 $     0.33

  1
    Not restated for adoption of the current accounting guidance on stock-based compensation and no recast of gains
  2
    Recast of gains (losses) on foreign currency remeasurement
  3
    No recast of gains (losses) on foreign currency remeasurement
  4
    Includes expensed acquired in-process technology
  5
    Includes employee severance
               FY981       FY991       FY001       FY011       FY023      FY033      FY042      FY052
           $ 15,262 $     19,747 $    22,956 $    25,296 $    28,365 $   32,187 $   36,835 $   39,788
              2,460        2,814       3,002       3,455       5,699      6,059      6,596      6,031
             12,802       16,933      19,954      21,841      22,666     26,128     30,239     33,757

               2,897       2,970       3,772       4,379       6,299      6,595      7,735      6,097
               2,887       3,238       4,126       4,885       6,252      7,562      8,121      8,548
                 433         715       1,050         857       1,843      2,426      5,275      4,536
                   0           0           0           0           0          0          0          0
                   0           0           0           0           0          0          0          0
               6,217       6,923       8,948      10,121      14,394     16,583     21,131     19,181
               6,585      10,010      11,006      11,720       8,272      9,545      9,108     14,576
                 532       1,881       3,269        (195)       (397)     1,509      3,088      2,052
                   0           0           0           0           0          0          0          0
               7,117      11,891      14,275      11,525       7,875     11,054     12,196     16,628
               2,627       4,106       4,854       3,804       2,520      3,523      4,028      4,374
               4,490       7,785       9,421       7,721       5,355      7,531      8,168     12,254
                   0           0           0        (375)          0          0          0          0
               4,490       7,785       9,421       7,346       5,355      7,531      8,168     12,254
                 (28)        (28)        (13)          0           0          0          0          0
           $   4,462 $     7,757 $     9,408 $     7,346 $     5,355 $    7,531 $    8,168 $   12,254
           $    0.46 $      0.77 $      0.91 $      0.72 $      0.50 $     0.70 $     0.76 $     1.13
           $    0.42 $      0.71 $      0.85 $      0.69 $      0.48 $     0.69 $     0.75 $     1.12
           $    0.46 $      0.77 $      0.91 $      0.69 $      0.50 $     0.70 $     0.76 $     1.13
           $    0.42 $      0.71 $      0.85 $      0.66 $      0.48 $     0.69 $     0.75 $     1.12

ion and no recast of gains (losses) on foreign currency remeasurement
     FY062      FY072      FY082       FY09       FY10       FY11       FY12       FY13
$   44,282 $   51,122 $   60,420 $   58,437 $   62,484 $   69,943 $   73,723 $   77,849
     7,650     10,693     11,598     12,155     12,395     15,577     17,530     20,249
    36,632     40,429     48,822     46,282     50,089     54,366     56,193     57,600

     6,584      7,121      8,164      9,010      8,714      9,043      9,811     10,411
     9,910     11,541     13,260     12,879     13,214     13,940     13,857     15,276
     3,758      3,329      5,127      4,030      4,063      4,222      4,569      5,149
         0          0          0          0          0          0      6,193          0
         0          0          0          0          0          0          0          0
    20,252     21,991     26,551     25,919     25,991     27,205     34,430     30,836
    16,380     18,438     22,271     20,363     24,098     27,161     21,763     26,764
     1,882      1,663      1,543       (542)       915        910        504        288
         0          0          0          0          0          0          0          0
    18,262     20,101     23,814     19,821     25,013     28,071     22,267     27,052
     5,663      6,036      6,133      5,252      6,253      4,921      5,289      5,189
    12,599     14,065     17,681     14,569     18,760     23,150     16,978     21,863
         0          0          0          0          0          0          0          0
    12,599     14,065     17,681     14,569     18,760     23,150     16,978     21,863
         0          0          0          0          0          0          0          0
$   12,599 $   14,065 $   17,681 $   14,569 $   18,760 $   23,150 $   16,978 $   21,863
$     1.21 $     1.44 $     1.90 $     1.63 $     2.13 $     2.73 $     2.02 $     2.61
$     1.20 $     1.42 $     1.87 $     1.62 $     2.10 $     2.69 $     2.00 $     2.58
$     1.21 $     1.44 $     1.90 $     1.63 $     2.13 $     2.73 $     2.02 $     2.61
$     1.20 $     1.42 $     1.87 $     1.62 $     2.10 $     2.69 $     2.00 $     2.58

				
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